Nitish Makes Plea to PM to Help Bring Investment in Bihar

Chief Minister Nitish Kumar attending a virtual meeting with Prime Minister Narendra Modi on Wednesday.

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Patna: Nearly 15 years in power and yet nothing to show for in terms of any major investment in the state, Chief Minister Nitish Kumar on Wednesday held a videoconference meet with Prime Minister Narendra Modi during which he made yet another sales pitch before him urging him to invest in Bihar.

"Bihar is the ideal place to invest in areas like food processing, garment manufacturing, textile, leather goods, medical and electrical equipment and we are willing to offer all kinds of help to the investors. If the central government helps bring industries in Bihar, our government is ready to make 1000 acre of land available for the purpose without any delay," Kumar told the Prime Minister.

The Chief Minister also appealed to Modi to offer concession in income tax and GST to investors under the Prime Minister's 'Make in India' initiative.

Kumar, who is slowly emerging from a three-month long self-isolation following the COVID-19 lockdown imposed by the central government, further asked the PM to raise the allocated amount under the Micro, Small, and Medium Enterprises scheme so Bihar could be a beneficiary of it.

"During a recent state-level meeting of the Bankers' Committee, I had suggested raising the annual credit plan offered by the banks because the credit-deposit ratio in the state is barely 43%. This needs to be increased and the Center should give proper attention to it," he said.

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